AD · XBRL financial data

Array Digital Infrastructure financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (AD's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Revenue	963	1,000*	950	927	922	971*	891	916	47	60*	52	54
Revenue from contracts with customers	938	974*	925	902	896	945*	864	888	—	—	—	—
Cost of goods and services sold	—	year only	—	—	18	20*	16	19	21	23*	22	23
Selling, general and administrative	333	348*	331	322	324	353*	332	328	21	15*	13	23
Total operating expenses	906	978*	899	891	1,012	980*	850	881	100	52*	(109)	(345)
Operating income (loss)	57	22*	51	36	(90)	(9)*	41	35	(53)	9*	161	399
Interest expense	50	49*	43	45	49	46*	40	45	9	12*	7	11
Other income (expense)	—	year only	—	—	0	0*	0	0	0	(0)*	(0)	(0)
Income tax expense (benefit)	27	(3)*	28	14	(14)	(19)*	20	4	(63)	23*	52	116
Net income (loss)	23	14*	18	17	(79)	5*	18	31	(38)	37*	178	359
Earnings per share, basic USD per share	0.26	0.16*	0.21	0.20	(0.92)	0.06*	0.21	0.37	(0.45)	0.43*	2.06	4.15
Earnings per share, diluted USD per share	0.26	0.16*	0.20	0.20	(0.92)	0.06*	0.21	0.36	(0.44)	0.43*	2.06	4.15
Weighted average shares, basic millions of shares	85	85*	85	86	86	87*	85	86	86	86*	86	86
Weighted average shares, diluted millions of shares	86	90*	88	88	86	82*	88	88	87	86*	86	87

Fiscal quarters (AD's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Cash and cash equivalents	153	150	185	195	272	144	182	386	326	113	254	416
Accounts receivable	890	900	877	891	871	905	863	861	—	—	—	—
Inventory	175	199	175	143	161	179	178	126	—	—	—	—
Total current assets	1,393	1,400	1,395	1,374	1,427	1,345	1,373	1,509	352	145	274	439
Property and equipment, net	2,593	2,576	2,540	2,540	2,504	2,502	2,394	2,313	387	389	387	375
Right-of-use asset	914	915	910	906	912	926	925	922	478	473	473	468
Total assets	10,749	10,750	10,704	10,639	10,516	10,449	10,365	10,377	4,918	4,678	3,965	3,371
Total current liabilities	1,031	901	837	886	909	884	807	808	539	200	266	462
Lease liability, non-current	834	831	827	822	813	822	824	825	513	510	512	506
Retained earnings (accumulated deficit)	2,878	2,892	2,910	2,893	2,813	2,818	2,822	2,802	732	770	59	(535)
Total stockholders' equity	4,603	4,626	4,658	4,675	4,582	4,577	4,585	4,600	2,530	2,568	1,859	1,266
Total liabilities and equity	10,749	10,750	10,704	10,639	10,516	10,449	10,365	10,377	4,918	4,678	3,965	3,371
Common shares outstanding (cover page) millions of shares	85	85	85	86	86	85	85	86	86	86	86	86

Fiscal quarters (AD's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Net income (loss)	23	14*	18	17	(79)	5*	18	31	(38)	37*	178	359
Stock-based compensation	8*	9*	13	12*	12*	18*	17	12*	(27)*	0*	0	0*
Depreciation and amortization	—	year only	—	—	—	year only	—	—	—	year only	—	—
Net cash from operating activities	329*	147*	203	313*	245*	122*	160	325*	(82)*	(202)*	24	(43)*
Purchases of property and equipment	103*	154*	133	137*	129*	138*	72	75*	(128)*	9*	14	6*
Net cash from investing activities	(119)*	(257)*	(144)	(140)*	(131)*	(141)*	(74)	(76)*	2,596*	(9)*	1,004	1,162*
Share repurchases	0*	0*	0	0*	26*	28*	21	0*	0*	0*	0	0*
Proceeds from long-term debt	0*	200*	40	0*	0*	0*	0	0*	325*	0*	—	—
Repayments of long-term debt	239*	58*	55	143*	5*	45*	5	7*	863*	0*	0	0*
Net cash from financing activities	(249)*	104*	(28)	(168)*	(41)*	(110)*	(44)	(49)*	(2,590)*	(2)*	(888)	(956)*
Net change in cash	(39)*	(6)*	31	5*	73*	(129)*	42	200*	(76)*	(212)*	140	163*

SIC 4812 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 4812 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Array Digital Infrastructure	416	54	(43)*	86.5M	9.7 quarters	Q2 FY26 10-QJun 30, 2026
Spok Holdings	30	33	13*	20.9M	—	Q3 FY26 10-QSep 30, 2026
Shenandoah Telecommunications	19	94	28*	55.4M	—	Q3 FY26 10-QSep 30, 2026
iQSTEL	2.1	109	(1.5)*	10.9M	1.4 quarters	Q2 FY26 10-Q/AJun 30, 2026
Crexendo	23	25	4.9*	33.4M	—	Q3 FY26 10-QSep 30, 2026
ATN International	318	185	24*	15.4M	—	Q2 FY26 10-QJun 30, 2026
SurgePays	2	16	(2.6)*	52.9M	0.7 quarters	Q2 FY26 10-QJun 30, 2026
Nuvera Communications	0.3	18	3.4*	5.2M	—	Q2 FY26 10-QJun 30, 2026
NextPlat	12	not reported	1.1*	2.7M	—	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.